Anti-Ballistic Missile System Market Value, Scope & Growth Outlook 2030
Overview of the Global Anti-Ballistic Missile System Market:
The Global Anti-Ballistic Missile System Market reports delivers an in-depth assessment of market size, share, and emerging trends, offering valuable insights into growth opportunities. It examines market segmentation and definitions, highlighting core components and key drivers of expansion. By applying SWOT and PESTEL analyses, the study evaluates the sector’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors. Expert reviews of competitor strategies and recent developments provide a clearer view of regional dynamics and future market trajectories, establishing a strong foundation for strategic planning and informed investment decisions.
What will be the market size of Global Anti-Ballistic Missile System market 2030?
The Global Anti-Ballistic Missile System Market size was valued at around USD 12.39 billion in 2024 and is projected to reach USD 19.29 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.66% during the forecast period, i.e., 2025-30.
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Who are the top companies operating in the Anti-Ballistic Missile System market?
The report features prominent companies operating in the Anti-Ballistic Missile System market and the successful strategies they have adopted. It also provides detailed insights into each company’s market share and their role in driving the industry’s growth. As per MarkNtel Advisors, top companies in Anti-Ballistic Missile System market: Lockheed Martin Corporation, Raytheon Technologies Corporation, Northrop Grumman Corporation, Boeing Company, Israel Aerospace Industries (IAI), General Dynamics Corporation, MBDA, Thales Group, BAE Systems, Rafael Advanced Defense Systems, Elbit Systems Ltd., China Aerospace Corporation, Rheinmetall, Almaz-Antey, and Others.
What is the key factor projected to fuel growth in the Anti-Ballistic Missile System Market between 2025 and 2030?
Rising Geopolitical Tensions and Military Conflicts – With increased military actions and geopolitical pressure, anti-ballistic missile defense systems are going around the globe. In the year 2023, global military expenditure reached the high mark of USD 2.44 trillion. Missile defense capability is on a high trend as major powers take interest, while the US has spent more than USD 400 billion. On this trend, China and Russia's hypersonic missiles are stepping up their game of defense in various ways.
North Korean missile tests for ballistic missiles and Iran's missile programs have resulted in Japan, South Korea, and Israel upgrading their ABM systems. Further, Germany's investment in the European Sky Shield Initiative is evidence of how Russia's war with Ukraine has boosted Europe's push for missile defense. Countries are pushing more investment and innovation within the market and more emphasis on space-based monitoring, multi-layered anti-missile defense systems, and AI-driven interception technology due to heightened tensions across the globe.
Anti-Ballistic Missile System Market - Segmentation Analysis
- By Platform (Land-Based, Sea-Based, Air-Based, Space-Based)
- By Component (Launch Vehicles, Interceptor Missiles, Fire Control Systems, Radars, Others)
- By Range (Short, Medium, Intermediate, Intercontinental) and Others
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This Section cover detailed analysis of revenue, market share and growth rate, historical data (2020-23) and forecast (2025-2030) of the following segmentation and geography.
Comprehensive Table of Contents – Anti-Ballistic Missile System Market Analysis and Forecast, 2030
- Table 1: Introduction
- Table 2: Executive Summary
- Table 3: Market Regulations, Policies & Standards
- Table 4: Anti-Ballistic Missile System Market Size, Share & Scope, 2020-2030F
- Table 5: Market Trends & Developments
- Table 6: Market Dynamics (Key Drivers, and Challenges)
- Table 7: Market Hotspots & Opportunities
- Table 8: Market Value Chain Analysis
- Table 9: Market Outlook, 2020-2030F
- Table 10: Market Size & Analysis by Revenues (USD Million):
- Table 11: Market Size & Forecast 2020–2030 by Segmentation
- Table 12: Market Size & Forecast 2020–2030 by Geography
- Table 13: Key Strategic Imperatives for Success & Growth
- Table 14: Competitor Analysis of Anti-Ballistic Missile System Companies
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Key Benefits for Industry Participants and Stakeholders
- Insight into emerging market trends and investment opportunities
- Understanding of regional market dynamics and competitive landscapes
- Data-driven forecasts to support strategic decision-making
- Access to industry benchmarks for performance evaluation
- Identification of potential risks and growth challenges
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